Apex Art Curatorial Program Inc
- Assets
- $204.2k
- Revenue
- $693.5k
- Investments
- $0.0
- Employees
- 8
- Location
- New York, NY
- Founding
- 04/1998
- Data as of
- 12/2023
- EIN
- 13-3884375
Organization Overview
Apex Art Curatorial Program Inc is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Apex Art Curatorial Program Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apex Art Curatorial Program Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Apex Art Curatorial Program Inc generated $693.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $657.8k during the year ending 12/2023. While expenses have increased by 1.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
APEX ART CURATORIAL PROGRAM IS A RESOLUTELY NONCOMMERCIAL VISUAL ART EXHIBITION SPACE WHICH PROVIDES CURATORS AND ARTISTS WITH A VENUE DEDICATED TO IDEAS THAT ARE OFTEN TOO PROVOCATIVE OR TOO SMALL IN SCOPE FOR DISPLAY ELSEWHERE. APEX ART CURATORIAL PROGRAM IS COMMITTED TO FOSTERING A FREE DIALOG OF IDEAS EMERGING FROM THE ARTS AND IDEAS OF ALL NATIONS AND CULTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
APEX ART CURATORIAL PROGRAM IS A NEW YORK CITY NON-PROFIT ART AND EDUCATION CENTER DEDICATED TO CREATING CULTURAL AND INTELLECTUAL DIVERSITY AND STIMULATING PUBLIC DIALOG ABOUT CONTEMPORARY ART THROUGH OUR EXHIBITIONS, EVENTS, FELLOWSHIP PROGRAM, AND PUBLICATIONS. DURING 2023, WE OPENED 11 EXHIBITIONS WORKING WITH 13 CURATORS SHOWCASING THE WORK OF 69 ARTISTS. 96,869 VISITORS ENJOYED OUR EXHIBITIONS AND 41 PUBLIC PROGRAMS. EACH OF THE EXHIBITIONS WAS ALSO MADE FULLY ACCESSIBLE ONLINE AND ACCOMPANIED BY BROCHURES SENT TO 7,000 PEOPLE AND INSTITUTIONS GLOBALLY. OUR DEMOCRATIC AND TRANSPARENT OPEN CALL PROCESS, HELD TWICE ANNUALLY, WAS VOTED ON BY A TOTAL OF 1413 JURORS FROM ALL OVER THE WORLD INCLUDING STUDENTS IN CLASSROOMS FROM 41 UNIVERSITIES. WE WELCOMED 6 FELLOWS FROM COUNTRIES INCLUDING AUSTRALIA, CANADA, AND INDIA. SINCE ITS INCEPTION IN 1994, APEX ART CURATORIAL PROGRAM HAS PRESENTED 256 EXHIBITIONS, IN 33 COUNTRIES GIVING PROFESSIONAL EXPOSURE TO MORE THAN 1200 ARTISTS. MORE THAN 228 ARTISTS AND CURATORS FROM MORE THAN 50 COUNTRIES HAVE PARTICIPATED IN AN APEXART FELLOWSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Rand President | OfficerTrustee | 30 | $1,200 |
Tom Keltner Board Member | OfficerTrustee | 1 | $0 |
Melissa Rachleff-Burtt Interim Treas. | OfficerTrustee | 1 | $0 |
Gregory Williams Board Member | Trustee | 1 | $0 |
Yona Backer Board Member | Trustee | 1 | $0 |
Sarah Lookosfky Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $615,760 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $690,760 |
| Total Program Service Revenue | $0 |
| Investment income | $799 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $693,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,200 |
| Compensation of current officers, directors, key employees. | $120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $324,649 |
| Pension plan accruals and contributions | $2,658 |
| Other employee benefits | $17,825 |
| Payroll taxes | $24,927 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,072 |
| Advertising and promotion | $20,054 |
| Office expenses | $2,757 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,556 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,518 |
| Insurance | $3,736 |
| All other expenses | $17,715 |
| Total functional expenses | $657,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,833 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $182,170 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,855 |
| Net Land, buildings, and equipment | $3,343 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $204,201 |
| Accounts payable and accrued expenses | $23,543 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1 |
| Total liabilities | $23,544 |
| Net assets without donor restrictions | $35,657 |
| Net assets with donor restrictions | $145,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $204,201 |